SOLAR ENERGY M&A REPORT
Value Drivers and Acquisition Multiples for European Solar Transactions
NB: rapport en anglais
Following our 'Wind Energy M&A Report 2010', we are please to announce the preparation of the 'Solar Energy M&A Report 2012', Value Drivers and Acquisition Multiples for European Solar Transactions'.
Target Audience
The Solar Energy M&A Report is targeted at the following players in the solar energy market (the ‘Solar Players’):
A) Investors and financing providers for solar farms: renewable energy funds, utilities, private equity firms, banks and other capital and debt providers;
B) Owners and developers of solar farms;
C) Advisors and research analysts: independent and banks M&A advisors, equity research analysts of renewable energy and utilities.
Report Objectives
This report focuses on analysing transaction multiples, based on public & proprietary databases. Unlike classic market research or general reports on M&A activity in the solar market, it aims to:
- Provide Solar Players with reliable benchmarks for valuing solar farms and portfolios, in tandem with other valuation methodologies (DCF, etc.)
- Segment transaction multiples for solar farms or portfolios according to development stage and analyze valuation drivers (feed-in tariffs, wp capacity factor, etc...) to quantify their impact on price.
- Analyze real deal and earn-out structures for early stage solar farm portfolios, providing further insight for benchmarking portfolios and structuring potential deals.
Methodology
The Solar Energy M&A Report 2012 will be based on the detailed analysis of European solar [farm or developer] transactions announced in 2010/2011. |